Turnaround needed or plug will be pulled on sideline
Actions to delivery recovery are underway at embattled women’s value fashion retailer Bonmarche (BON), where new CEO Helen Connolly has revisited the strategy and sees growth resuming during the 2018 financial year. Woeful interims (21 Nov) showed a steep profits decline due to weak clothing market conditions, unhelpful weather and poor execution. (JC)
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